Major brands such as Bud Light and Target are experiencing significant backlash for their support of LGBTQ causes, resulting in a decline in market capitalization. Target’s recent Pride collection and Bud Light’s partnership with a transgender personality have faced criticism. Other companies, including PetSmart, Chick-fil-A, and Walmart, are also facing boycott calls. Brands are promoting transgender ideologies to comply with ESG standards used by high-profile investors.
Tag: Finance
Finance is the study of money and how it is used. Specifically, it deals with the questions of how an individual, company or government acquires the money needed – called capital in the company context – and how they then spend or invest that money.